Uninsured rate rose in Donald Trump’s first year: Gallup poll

An estimated 3.2 million Americans became uninsured during President Trump’s first year, Gallup said Tuesday in a survey that says rising premiums, declining competition in Obamacare markets and confusion over the GOP’s repeal plans drove the losses. The polling company said the uninsured rate stood at 12.2 percent at the end of last year, an increase… Please follow and like us:

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Cryptocurrency Market Rebounds After Recent Decline

Cryptocurrency Market Rebounds After Recent Decline NEW YORK, January 16, 2018 /PRNewswire/ – Cryptocurrency Market According to data from Coinmarketcap, the total market capitalizations of 1419 cryptocurrencies were valued at about $700 billion on Friday. Recent news from South Korea planning to ban cryptocurrency trading, sent most of the digital currencies’ prices lower last Thursday. However,… Please follow and like us:

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Real Estate, Stock Market, Business and Economic U.S. Market Trends in 2018

At FAS CPA & Consultants we are committed to bring extra value to our current and prospective clients. This year, we are including a new feature in our blogs – quarterly reports to investigate, digest and present the economic, investment and real estate market trends in 2018. If you haven’t yet subscribed, now would be a… Please follow and like us:

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Germany to add China’s yuan to currency reserves

Germany’s central bank has said it will include China’s yuan in its reserves, giving another boost to Beijing’s drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account of its… Please follow and like us:

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Why Warren Buffett’s Bleak Prediction Of Cryptocurrencies Is Wrong

Billionaire investor Warren Buffett has joined a long line of influential voices from the traditional financial world pouring cold water on increasing enthusiasm for the new — and booming — asset class of cryptocurrencies. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” the chairman and… Please follow and like us:

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With tax cuts boosting consumer spending, the U.S. is poised for another good year

Stocks have just accomplished a Houdini – scorching to record highs while escaping volatility. The S&P 500, which accounts for 80 percent of the value of publicly traded U.S. companies, just scored an unprecedented 14 consecutive monthly gains. Investment professionals will tell ordinary folks a year like 2017 simply can’t repeat. Gains will slow or the… Please follow and like us:

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Tax hike or tax cut? CNBC’s misleading report on GOP’s tax reform

WASHINGTON, January 16, 2018: Now that it’s 2018, millions of taxpayers across America are still wondering: Will I get a tax cut or a tax hike? The answer for a substantial majority of U.S. taxpayers is, “Yes, I’ll get a tax cut.” But according to the descriptive language in a recent CNBC assessment of the GOP… Please follow and like us:

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A Blockchain RegTech Solution to the World’s $200 Billion a year Identity Verification Crisis: Introducing Velix.ID

A Blockchain RegTech Solution to the World’s $200 Billion a year Identity Verification Crisis: Introducing Velix.ID Bitcoin Press Release:Blockchain RegTech Solution RegTech Startup Velix.ID are building a blockchain platform to ease the processes of identity verification and sharing across business and consumer markets globally. January 15th 2018, Singapore, Malaysia – In the fast-moving 21st century with… Please follow and like us:

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Intel CEO pledges urgency, transparency in wake of Meltdown and Spectre

Since cybersecurity researchers uncovered two massive microprocessor flaws that leave nearly every computing device in the world vulnerable to hackers, Intel has borne the biggest brunt of criticism in both the press and the stock market. Last Thursday, a week after researchers led by Google unveiled the Meltdown and Spectre bugs, Intel CEO Brian Krzanich penned… Please follow and like us:

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Disney CEO Robert Iger sees compensation decline to $36.3 million in 2017

LOS ANGELES — Robert Iger, the chief executive of Walt Disney Co., saw his total compensation decline 17 percent in the recently concluded fiscal year to $36.3 million, according to the company’s latest proxy statement filed Friday to the Securities and Exchange Commission. The drop from last year’s $43.9 million was due in part to a… Please follow and like us:

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Ford says it will spend $11 billion in electrification investment

DETROIT — Ford plans to increase its investment in electrification to $11 billion by 2022, Executive Chairman Bill Ford Jr. said Sunday at the Detroit auto show. The company previously announced it would spend $4.5 billion by 2020. “We’re going to electrify even our most iconic vehicles,” he said at Cobo Center. “The only question is,… Please follow and like us:

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Asia markets extend rally as Hong Kong eyes record

Asian traders continued their blistering start to the year on Monday with most markets rising and Hong Kong within spitting distance of its record high, while the euro extended its gains against the dollar. Wall Street once again provided a strong lead on the back of optimism about corporate earnings in light of Donald Trump’s tax… Please follow and like us:

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How Gulf carrier subsidies threaten economic security

Last month, President Trump laid out his foreign policy doctrine in a speech that emphasized economic security as a key piece of America’s national security policy. He called for “trade based on the principles of fairness and reciprocity” and “firm action against unfair trade practices.” The administration has already correctly identified one of the mosLast month, President Trump laid out his foreign policy doctrine in a speech that emphasized economic security as at rampant… Please follow and like us:

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After Consumer Financial Protection Bureau Freezes Data Collecting, Sen. Elizabeth Warren Demands Reversal

A federal court last week again ruled in favor of Mick Mulvaney as the rightful head of the Consumer Financial Protection Bureau, which strengthens his hand on such issues as the recent decision to freeze data collection in light of cybersecurity concerns. But Sen. Elizabeth Warren, D-Mass., who conceived the idea of the consumer agency, which… Please follow and like us:

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Zuckerberg Loses $3.3 Billion After Facebook Change

Facebook co-founder Mark Zuckerberg is paying the price for the latest changes to the social networking site, losing nearly $3.3 billion of his personal net worth, according to a Forbes calculation. The 4.4 percent drop came just after Zuckerberg’s announcement that Facebook would change its algorithm to make people’s news feeds more focused on friends and… Please follow and like us:

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